Egypt’s Fawry targets UAE, Saudi Arabia, and Kuwait for expansion
Fawry is also considering a deal with a UAE bank to use its technology platform in the UAE and other gulf countries...
Tag : UAE
UBF: UAE banks well-capitalised, highly liquid, and stable
By December end, total banking assets reached $780 billion which bolstered the UAE banking sector’s position as the largest in the Gulf region...
Emaar Properties to issue Islamic bonds; hires Standard Chartered
The bond issuance is a part of the company’s $2 bn debt raising programme...
Mena fund managers increase investments in UAE, Egypt
Funds to reduce allocation to Saudi Arabia while keeping the earlier exposure to other Mena countries...
Investment agency CEO expects FDI in Dubai to exceed $10.4 bn
Dubai recorded a 54 percent growth in FDI in the first quarter of 2019...
Acquisitions boost DP World’s H1 revenue to $3.4 billion
The firm reported a 27 percent increase in profit for the first half of 2019...
Adnoc in one of world’s largest ‘smart procurement’ contracts
The award complements Adnoc’s upstream growth plans...
UAE’S Taqa’s revenue up by 5% in first half of 2019
The net profit, however, fell by 23 percent in the first half of 2019...
UAE banks ‘can make profits of Dh40 bn in 2019’
11 banks listed on the ADSE recorded a 3.5 increase in profits which amounts to Dh11.6 billion...
Number of flights on South Korea UAE sector not to be increased
UAE had asked South Korea to double the number of flight services on the Incheon- UAE route...